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6312 Expertise Avenue

6312 Expertise Avenue, Raleigh, NC 27616
Property in 5401 North
Sold Jun 21, 2023
$645,000
$483,750 by United Wholesale Mortgage Llc
Mortgage Due Jul 01, 2053
Sold Mar 31, 2020
$475,000
$451,193 by Primelending
Mortgage Due Apr 01, 2050
Local assessors in Raleigh, NC have categorized 6312 Expertise Avenue as a residential type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 7,841 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 6312 Expertise Avenue has a total of 3,521 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 327 sqft. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 6312 Expertise Avenue was last sold in Jun 6, 2023 for $645,000. According to our calculations, that's $183.19 per sqft. Prior to that sales transaction, the property was sold for $475,000 in Mar 31, 2020. Current property owners are expected to pay $4,531 in taxes per year. The property on 6312 Expertise Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $445,550. To break that down further, the land itself was valued at $80,000. While improvements to the property were assessed at a total of $365,550. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 327
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 3,521
  • Building Area: 3,521
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,521
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: 5401 NORTH SUBDIVISION
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO1209 5401 NORTH-LOT 20 BM2017-01504

Ownership

  • Current Owner : ALLMOND TIMOTHY RAYMOND
  • Previous Owner : GOODMAN MEREDITH
  • Previous Owner 2: GOODMAN RYAN
  • Owner Before Previous Owner: LENNAR CAROLINAS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054116

Zoning

  • Zoning: PD

Geography

  • Account Number: 0448856
  • District: 13
  • Parcel: 1736.02-88-8295 0448856
  • Lot: 20
  • Municipality: NEUSE
  • Latitude: 35.86
  • Longitude: -78.5312

    Address

  • Full Address: 6312 Expertise Ave
  • Address - House Number: 6312
  • Address - Street Name: Expertise
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C009
  • 4-Digit Zip Code: 4319
  • Zip Code: 27616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,531

    Appraisal Valuation

  • Standard Deviation: 0.0682
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 96
  • Final Value: 641,690
  • High Value: 685,514
  • Low Value: 597,865

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $483,750
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 21, 2023
  • First Open Lien Mortgage Loan Amount: $483,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2053

    Market Valuation

  • Market Total Value: $445,550
  • Market Land Value: $80,000
  • Market Improvement Value: $365,550

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $445,550
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $365,550

    Sales

  • Current Sale Contract Date: Jun 06, 2023
  • Current Sale Recording Date: Jun 21, 2023
  • Current Sale Transaction ID: 11908586085
  • Current Sale Price: $645,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 31, 2020
  • Previous Sale Contract Date: Mar 31, 2020
  • Previous Sale Amount: $475,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 21, 2023
  • First Mortgage Loan Amount: $483,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Jul 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: PRIMELENDING
  • Previous Mortgage Transaction Date: Mar 31, 2020
  • Previous Mortgage Loan Amount: $451,193
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2050

About Northeast Raleigh



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Frequently Asked Questions

What neighborhood is 6312 Expertise Avenue located in?
The 6312 Expertise Avenue is a located in the neighborhood of 5401 North in Northeast Raleigh, Raleigh.
What is the average sales price for listings in 6312 Expertise Avenue?
The average sales price for units in 6312 Expertise Avenue is $0 currently.

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